Succession Planning (Guide)

Transferring ownership and management of a family business to the next generation is complex. Some owners regard succession as simply a question of handing over a tried and tested way of running the business from one generation to the next. In fact, succession triggers a system change – a transition to a different business structure with a distinctive culture, a fresh approach to entrepreneurship and evolving ground rules.

This guide offers practical advice on how to ensure smooth succession of the family business to the next generation.

Click here to review or download the guide.

To access the full range of Research Foundation Challenger Guides please visit https://www.fbrf.org.uk/family-business-challenges